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Home Q & A Board Other Fields Homework Help Business Accounting
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mrb0714 mrb0714
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A year ago
Pilot Corporation is considering the purchase of equipment costing $100,000. The equipment will reduce operating cash expenses by $25,000 each year. The new equipment has a salvage value of $2,000 and will be depreciated over a 10-year useful life. The accounting rate of return is closest to

▸ 35%.

▸ 15.2%.

▸ 25%.

▸ 25.5%.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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ricyoungricyoung
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A year ago
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mrb0714 Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
missnoname
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Yesterday
Helped a lot
lipop
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2 hours ago
Correct Slight Smile TY
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